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ISIN No
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INE342J01019
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BSE Code / NSE Code
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533023 / ZFCVINDIA
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Book Value (Rs.)
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324.29
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Face Value
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5.00
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Bookclosure
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10/07/2026
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52Week High
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3044
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EPS
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45.44
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P/E
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57.57
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Market Cap.
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29771.52 Cr.
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52Week Low
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2054
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P/BV / Div Yield (%)
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8.07 / 0.15
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Market Lot
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1.00
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Security Type
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Other
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The company history sections lists out major chronological events that happened to the company.
| 1962
-Established as a Joint Venture with Clayton Devandre.
1982
-Commenced production of dual brake systems
1987
-Manufacture of Vaccum Products
-Launch of TQM
1990
-High Pressure Compressors
1994
-Introduced products for Defence applications
1998
-First Indian Company to win Deming Prize
1999
-TPM kick off
-Launched Air Dryers, Automatic brake adjustemt and load sensing valves
2000
-Commissioning of proving ground
-Launch of ABS
-QS 9000 Certification
2001
-ACMA Gold Medal for technology development
-ISO 14001 Certification
2002
-Second company outside Japan to win Japan Quality Medal
-Launched locally developed Anti-Lock Braking System (ABS)
-ACMA award for technology
2003
-ACMA Gold Trophy for Manufacturing Excellence
2004
-Commenced production in the new plant in Ambattur, Chennai
2005
-WABCO inaugurates Software Design Centre, Chennai
2004
-Products meeting global standards
-Tata Cummins certificate for "Commendable efforts in Value Engineering and Cost Reduction"
2005
-Frost & Sullivan, India manufacturing excellence Overall Gold award
2006
-Eicher Motors certificate for "Value Engineering Support, Vendor Managed Inventory and State-of-the-art Design and Testing Facilities
2007
-Commenced production in the new plant in Jamshedpur, Jharkhand.
-JIPM - TPM Category 1 award
-Frost & Sullivan, India manufacturing excellence Super Platinum award
-Tata Cummins certificate for "Excellent Support in New Product Introduction" and "Best Cost Reduction"
2008
-Commenced production in the new plant in Mahindra World City, Chennai
-SCL Brakes division de-merged into WABCO-TVS (India) Limited.
-TATA Motors Vendor Meet - 2008 - "Recognition of enduring relationship"
-TATA Motors Vendor Meet - 2008 - "Excellence in Quality"
-VOLVO Eicher Commercial Vehicles Vendor Meet - 2008 - "Best Quality Vendor"
-TATA Motors certified for "Consistently maintaining Zero PPM over three years"
2009
-WABCO takes majority ownership. WABCO-TVS (India) Limited becomes WABCO INDIA LIMITED
- Wabco-Tvs (India) Limited has appointed Mr T S Rajagopalan as Chief Financial Officer of the Company.
-ACMA Gold Trophy for "Manufacturing Excellence"
2010
-Launched localized Clutch Servo, Automatic Slack Adjusters, Air Processing & Distribution Unit (APDA)
-Ashok Leyland Overall Quality Excellence Gold award for 2009-10
-VOLVO Eicher Best New Product Development supplier award for 2009
-Frost & Sullivan India Manufacturing Excellence Super Platinum award.
-WABCO-TVS (India) is offering an extensive range of products for the commercial vehicle control systems market.
-WABCO Factory in Chennai Wins India's Two Top Awards for Manufacturing Excellence.
-WABCO Expands OptiDrive Transmission Automation Technology to Medium Duty Trucks and Buses for Ashok Leyland, India's Second Largest Manufacturer of Commercial Vehicles".
2011
-TATA Excellence in Quality, Innovation & Technology.
-The Company has recommended a dividend of Rs. 5.00 per share, i.e. 100%.
-Company has changed its name from Wabco-TVS (India) Ltd. to WABCO India Ltd.
2012
-WABCO launched its new manufacturing facility at Pantnagar, Uttarakhand.
-WABCO inaugurates its Plant 2 at SEZ, Mahindra Worldcity, Chennai
-"Safety Appreciation Award" from "National Safety Council", Tamilnadu chapter
-National Award for Excellence in Cost Management" from the Institute of Cost and Works Accountants of India (ICWAI) Second Award
-Ashok Leyland outstanding Co-location support Award.
2013
-- Board recommended a Dividend of Rs. 5 per equity shares.
2014
-- Board recommended a Dividend of Rs. 5 per equity shares.
2015
-Daimler Indias Innovations Award for the year 2014-15
-Tata Motors Supplier of the year award for the year 2014-15
-Ashok Leylands Best in class performance in Quality award for the year 2014-15
-Volvo Eicher Overall cost excellence award for 2015
2017
-WABCO's Mahindra World City plant wins "Future Ready Factory Award" at India Manufacturing Excellence Awards 2017
-WABCO India Wins 2017 Road Safety Product and Solution Award from Federation of Indian Chamber of Commerce and Industry.
-WABCO Signs Agreement to Acquire AssetTrackr in India.
-WABCO INDIA Wins Prestigious Total Productive Maintenance Excellence Award From Japan Institute of Plant Maintenance.
2019
-WABCO Shareholders Approve ZF Friedrichshafen Acquisition".
2020 -ZF Completes WABCO Acquisition of commercial vehicle technology supplier.
2021 -ZF Acquires Bestmile's Technology to Lead the Digital Transformation of Transportation Services.
2022 -Company name has changed to ZF Commercial Vehicle Control Systems India Ltd. from WABCO India Ltd.. -ZF the largest supplier with the broadest portfolio to the commercial vehicle industry, shows a selection of its latest innovations and technolog advances at the IAA 2022.
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